Jay-Z and Kanye West are apparently supposed to release their joint album this week; according to Kanye.

The rap moguls recently let their plans be known while performing at a New Year’s gig in Las Vegas.  The EP, entitled “Watch The Throne”, was not given a specific release date and was only slated for early 2011, however West opened his big mouth to theparty-goers when he announced the project would soon be on its way.

During a performance of Monster at the new Las Vegas Hotel club; Marquee, Kanye spouted off, “We got that new Watch The Throne comin’ in one week.”

Anyone believe him?